MUSCAT - The National Program for Fiscal Sustainability Financial Sector Development, "Estidamah" today announced the financial sector development plan covering both the banking and capital market sectors. The plan consists of more than 74 initiatives with executable...
Bank Muscat wins two awards by JP Morgan Chase for excellence in STP Rates
MUSCAT - Bank Muscat was awarded by the global banking giant JP Morgan Chase; one of the top institutions that provide financial solutions to important corporates around the world, for its best-in-class Straight-Through Processing (STP) rates for US dollar...
Mall of Muscat to host Lulu Hypermarket’s ‘Lulu Let’s Grill’ event from January 25 to 27
MUSCAT - Mall of Muscat is gearing up to welcome the popular ‘Lulu Let’s Grill’ event, organised by Lulu Hypermarkets, from January 25th to 27th. The BBQ fest offers a stage for Omani chefs to showcase their skills and delight visitors with much-loved local...
Ikram package from Meethaq provides innovative facilities and products for pensioners
MUSCAT – In line with its strategies to enhance financial inclusion and to provide the best Islamic Banking facilities and products, Meethaq Islamic Banking from Bank Muscat, provides Ikram package for pensioners. It is a specialized package of Shari’a compliant...
Free check-up for your Mazda by Japanese experts
MUSCAT - Mazda proudly announces the Mazda Service Drive 2024, a distinguished event exclusively for Mazda owners in Oman, scheduled for the 24th and 25th of January at Al Hail Service and Ghala Service centers from 9 am to 5 pm. This initiative represents Mazda's...
Bank Muscat LuLu Titanium Mastercard credit card gains esteemed recognition
MUSCAT – In recognition of its leadership in innovation and distinctive products offerings, Bank Muscat, the leading financial services provider in Oman, has received the award of the Largest Co-Branded Credit Card in Oman, at the Mastercard MENA East Business Forum,...
JW Marriott Muscat inauguration marks completion of Madinat Al Irfan East Phase I
MUSCAT ---- Oman Tourism Development Company (OMRAN Group) today celebrated the completion of Phase I of Madinat Al Irfan East through the official inauguration of JW Marriott Hotel Muscat. This event marks the introduction of the globally acclaimed JW Marriott brand...
MSX launches new ‘Liquidity Provider’ services
MUSCAT - Muscat Stock Exchange (MSX) today celebrated by the opening of a new “Liquidity Provider” service, which constitutes part of the Market Making Initiative. The service was introduced in cooperation with the National Financial Sustainability Programme. Haitham...
Bank Muscat posts net profit of RO 212.45 million for the year ended 31st December 2023
MUSCAT - Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended 31 December 2023. The Bank posted a net profit of RO 212.45 million for the period compared to RO 200.75 million reported...
Ooredoo appoints new chief business and wholesale officer
MUSCAT - Ooredoo announces the appointment of Saoud Al Riyami as Chief Business and Wholesale Officer.While focusing on ICT and exploring new business streams, Saoud will continue to play a key role in the continuous growth of Ooredoo’s B2B (Business-to-Business)...
OIFC secures final CBO approval, prepares to launch Khedmah E-wallet
MUSCAT - Oman Investment and Finance Company (OIFC) has obtained a license from the Central Bank of Oman to operate as a payment service provider (PSP) in the Sultanate. This step reflects the high confidence placed in Khedmah as one of the most reliable digital...
Bank Muscat hosts special event for its customers
MUSCAT – In line with its customer-centric vision, and to introduce customers to banking facilities and exclusive offers, Bank Muscat, the leading financial services provider in the Sultanate of Oman, hosted a special event for customers employed in the public and...